The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: orkrious who wrote (28789)	3/17/2005 10:46:55 AM
From: Wyätt Gwyön	Read Replies (1) of 110194

if there is a free site, i don't know about it. maybe there is, but i think you probably have to pay to get that kind of info. but spreads were mentioned by Lance Lewis last night: As a result of GM’s warning, S&P revised its rating outlook on GM and its finance arm, GMAC, to negative from stable, which now sets the stage for a downgrade of GM’s debt to “junk” status to potentially occur at any time. The spread to treasuries on GM’s debt widened by 47 basis points today as a result. I am told that a move of 20-25 bps in day is considered a panic, so this was a panic x 2. dailymarketsummary.com

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